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Cyberattack on vendor exposes UBS employee data on darknet

  • Personal information of UBS employees leaked after cyberattack on vendor Chain IQ.
  • Data breach highlights concerns about data security in financial institutions.
  • Cyberattack originated from files stored by Chain IQ, not from UBS internal systems.
  • Stolen data shared on darknet.
  • Leaked info includes names, contacts, and work details, affecting more than 1.3 lakh records.
  • UBS taking measures to secure operations; internal systems not compromised.
  • Chain IQ, a procurement-services firm, headquartered in Zurich, targeted in breach.
  • Another Swiss bank, Pictet, also impacted by a similar cyberattack.
  • Pictet's systems secure; attackers accessed invoice data from external suppliers.
  • Both UBS and Pictet conducting internal investigations post the breach.
  • Incident underscores the need for enhanced third-party cybersecurity measures in the finance sector.

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